TPG Mortgage Investment Trust (MITT)
Acquires and securitizes newly originated non-agency residential mortgage loans in the United States.
$6.49
vs last close+0.07 (+1.09%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 74 | 78 | 96 | 104 | 99 | 114 | 108 | 108 | 122 | 132 | 110 | 122 |
| Cost of revenue | 4 | 4 | 5 | 5 | 5 | 6 | 90 | 6 | 7 | 7 | 109 | 2 |
| Gross profit | 69 | 73 | 91 | 99 | 94 | 108 | 17 | 102 | 116 | 126 | 1 | 120 |
| 11 | 1 | −7 | 12 | −17 | 6 | 6 | 3 | −11 | −4 | 4 | 7 | |
| 0 | 0 | 0 | 1 | 1 | 4 | 1 | 2 | 1 | 1 | 1 | 2 | |
| General & administrative | 0 | 0 | 0 | 1 | 1 | 4 | 1 | 2 | 1 | 1 | 1 | 2 |
| Other expenses | 11 | 1 | −7 | 11 | −18 | 1 | 5 | 0 | −11 | −5 | 4 | 4 |
| Operating income | 58 | 73 | 98 | 87 | 111 | 103 | 11 | 100 | 126 | 130 | −3 | 114 |
| −60 | −37 | −77 | −83 | −94 | −88 | 0 | −96 | −106 | −117 | 0 | −99 | |
| Interest income | 64 | 78 | 96 | 100 | 107 | 106 | 109 | 111 | 125 | 136 | 130 | 0 |
| Interest expense | 53 | 64 | 78 | 83 | 93 | 88 | 90 | 93 | 105 | 115 | 109 | 104 |
| Other non-operating income | 7 | −27 | −1 | 0 | 2 | 0 | −90 | 3 | 0 | 2 | −109 | −5 |
| Income before tax | −2 | 35 | 21 | 4 | 17 | 14 | 11 | 4 | 21 | 13 | −3 | 14 |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Net income from continuing operations | −2 | 35 | 21 | 4 | 17 | 14 | 11 | 4 | 20 | 13 | −4 | 14 |
| Net income | −2 | 35 | 21 | 4 | 17 | 14 | 11 | 4 | 20 | 13 | −4 | 14 |
| EPS, basic | −$0.33 | $1.35 | $0.55 | $0.13 | $0.40 | $0.30 | $0.21 | $0.13 | $0.47 | $0.25 | −$0.27 | $0.29 |
| EPS, diluted | −$0.33 | $1.35 | $0.55 | $0.13 | $0.40 | $0.30 | $0.21 | $0.13 | $0.47 | $0.25 | −$0.27 | $0.29 |
| Weighted average shares, basic | 20 | 23 | 29 | 29 | 29 | 30 | 30 | 30 | 31 | 31 | 32 | 32 |
| Weighted average shares, diluted | 20 | 23 | 29 | 29 | 30 | 30 | 30 | 30 | 31 | 31 | 32 | 32 |
| EBITDA | 51 | 100 | 99 | 87 | 109 | 103 | 102 | 97 | 140 | 129 | 106 | 118 |
| Depreciation & amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14 | 0 | 0 | 0 |
| EBIT | 51 | 100 | 99 | 87 | 109 | 103 | 102 | 97 | 126 | 129 | 106 | 118 |
